When you apply at a lender, they merely ask you "are you purchasing a new home, or do you seek to refinance your existing property".In REI, you sometimes refinance (refi) to extract a portion of your equity.

;)The extract you displayed is very helpful and will use it as a basis for my next contract revamp! 

So in effect he is extracting additional tax revenue from voters who’s ire and dissatisfaction won’t effect him.

seem to be arguing that to live there free for 12 months (at $2500/mo value), it's as if Ashley/Hubby are extracting $2500 per month of the partnership's equity, or a total of $30,000.

It more than pays for $250k each costs....so this investor extracts his original $250k, able to "repeat" and buy four more in the next year....and could actually have $50k extra profit in his pocket.

So when they are done with a task like demolition of a wall you should (as accurately as you can, and this depends on how often you're onsite and what info you can extract from the crew) record the hours it took and the size of the wall in square feet- thus coming up with a sqft/hr production rate.

You could finagle a contract to extract all the rental profit.

However, just like with any private property, there are extra fees included.PlumbingRenovatingElectrical wiringRemodelingExpandingRepaintingAnd the list goes on…You may have gotten yourself a good deal but, as the years progress, you may wonder if you really were able to save enough money for your future since you had more expenses after buying the house.Here’s the brutal fact about relying on a 401(k) plan – just like the house, you are paying more fees than you plan on saving.In 2012, the US Department of Labor mandates every 401(k) providers to provide a detailed disclosure of the fees they were extracted from their client’s hard-earned savings.

The penalty did not bother me, in the long term it was more profitable to extract the money and move on the next deal rather than avoiding the penalty and not having the funds for my next project.

In both cases though there is no value add by simply having/adding the ADU which means if you need to extract value you will need another value add or to wait for appreciation/equity pay down to obtain enough equity.